Prime Brokerage Cash & Controls - Associate

Job Description
Are you ready to elevate your career in a fast-paced, innovative environment? The Prime Brokerage department provides packaged services to hedge funds and professional investors, enabling them to finance their investment activities through a bespoke range of products tailored to their needs. Our services include Global Custody, Securities Lending, Financing, and Margin Solutions.
As an Associate in our Prime Brokerage team, you will have the opportunity to develop your skills while contributing to a collaborative group that values growth and learning, you will join us and be part of a company that supports your professional journey and offers exciting challenges. This is an excellent opportunity for a motivated professional seeking to make a difference in a supportive and dynamic environment. You'll work alongside individuals with diverse skills and backgrounds, united to achieve common goals through excellence and creativity. T he successful applicant will be required to successfully obtain their FINRA Series 99 certification within 12 months of their start date.
Job responsibilities

• Process payments and review incoming cash wires for institutional and retail clients
• Apply and monitor payment controls, ensuring adherence to standards
• Investigate and resolve cash and control breaks
• Liaise with global partners and stakeholders to resolve reconciliation issues
• Perform and help design key controls across the trade lifecycle process
• Analyze and identify opportunities to increase STP (Straight Through Processing)
• Support the development and revision of company and department policies and procedures
• Ensure timely completion of work items
• Prepare and analyze metrics

Required qualifications, capabilities, and skills

• Experience using automation technologies to optimize systems and processes
• Knowledge of market products, operating procedures, and relevant industry regulations
• Proactive approach to problem solving and ownership of issues
• Strong time management and ability to deliver under pressure
• FINRA licensing: SIE + Series 99 (or willingness to obtain)
• Data analysis skills and ability to communicate insights effectively
• Ability to create and deliver presentations to management and stakeholders

Preferred qualifications, capabilities, and skills

• Experience in financial services, especially Corporate Banking
• Payments understanding and background
• Experience within Prime Brokerage, Securities Settlements, or Asset Servicing
• Reconciliation experience
• Analytical skills

About Us
J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world's most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
About the Team
J.P. Morgan's Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.